What is Snowflake's current Net Revenue Retention rate?

Snowflake (SNOW) most recently reported a Net Revenue Retention of 125.0% for FY-2026.

What is Snowflake's all-time peak NRR?

Snowflake's peak Net Revenue Retention was 178.0%, reported in FY-2022.

How has Snowflake's NRR changed over the past 3 years?

Over the past 3 years, Snowflake's Net Revenue Retention has moved from 160.0% to 125.0% - a change of -35.0pp.

Where is Snowflake's NRR data sourced from?

Every figure on this page is extracted from Snowflake's SEC filings (10-Q, 10-K) and quarterly earnings press releases, then verified by a human reviewer against the original source. See cust.co/methodology/ for full details.

How does Snowflake's NRR compare to its peers?

Snowflake's most recent NRR (125.0%) is +6.0pp versus the median of 119% for AI Infrastructure Public companies in the $500K+ ACV segment.

cust.co / Companies / Snowflake (SNOW)

Snowflake NRR

Name: Snowflake Net Revenue Retention Time Series
Creator: Cust
License: https://cust.co/terms/

Net Revenue Retention history for Snowflake (SNOW) - AI Infrastructure, Public stage. Sourced from SEC filings and earnings releases.

AI Infrastructure Public $500K+ ACV sales-led

NRR vs GRR over time

Gross Retention excludes expansion - it shows pure churn / contraction loss. The gap between NRR and GRR is the expansion lift.

Peak NRR of 178.0% in FY-2022. Latest is 125.0% - that's -53.0pp from peak.

Snowflake is above the AI Infrastructure Public median by +6.0pp (cell median: 119%)

What the data shows

Snowflake (SNOW) is a ai infrastructure company at the public stage. As of its most recent disclosure (FY-2026), Snowflake reported a Net Revenue Retention rate of 125.0% - a strong result for B2B SaaS at this segment.

Snowflake's NRR peaked at 178.0% in FY-2022, 53pp above today's level. Over the past three years, the metric has contracted by 35pp.

Within its peer set (ai infrastructure companies at public stage in the $500k+ acv band), Snowflake's NRR is above the cell median of 119%. Compare against the full peer cell aggregate for distribution and top performers.

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Every disclosure

Period	NRR	GRR	Source type	Filing
FY-2026	125.0%	-	10-K	source ↗
FY2026-Q3	125.0%	-	10-Q-mdna	source ↗
FY2026-Q2	125.0%	-	10-Q-mdna	source ↗
FY2026-Q1	124.0%	-	10-Q-mdna	source ↗
FY2025-Q4	126.0%	-	10-Q-mdna	source ↗
FY2025-Q3	127.0%	-	10-Q-mdna	source ↗
FY2025-Q2	128.0%	-	10-Q-mdna	source ↗
FY2025-Q1	129.0%	-	10-Q-mdna	source ↗
FY2023-Q4	158.0%	-	earnings-press-release	source ↗
FY2023-Q2	171.0%	-	10-Q-mdna	source ↗
FY2023-Q1	174.0%	-	10-Q-mdna	source ↗
FY-2022	178.0%	-	10-K	source ↗
FY2022-Q4	177.0%	-	10-Q-mdna	source ↗
FY2022-Q3	173.0%	-	10-Q-mdna	source ↗
FY2022-Q2	169.0%	-	10-Q-mdna	source ↗
FY2022-Q1	168.0%	-	10-Q-mdna	source ↗
FY2021-Q4	168.0%	-	10-Q-mdna	source ↗
FY-2021	168.0%	-	10-K	source ↗
FY2021-Q3	160.0%	-	10-Q-mdna	source ↗
FY2020-Q4	160.0%	-	10-Q-mdna	source ↗

Last verified disclosure: 2026-01-31 · Report an inaccuracy → · How we verify →